HomeMy WebLinkAbout0626 INDIVIDUALS ,
MORTGAGE
THIS MoRTOAaE, dated fire 15th dnr of December A. o. iia . arrd
b.tween Albert E. LoundS, Jr. and Betty F. Lounds, his wife
Port St. Lucie Bank Port St. Lucie, - Fl,~a, +
heroinafter filled the Mortgagoa, and ~ Or
State banking association under the laws of the N . Mrolnafter called the Mortgagee.
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WITNESSETH, that for dh?ers good and valwble oonsWerations. and also in consideration of tM aggregab wm named in
the promissory rrob heroinafter described. tM said Mortgagors do hereby groat, bargain, ssU, alien. rerrrise. rokeass, convey and
confirm unto the spki Mortgagee. all that certain piece. parch, or red of land of whkh the saW Mortgagor aro now seized and
possessed and in adwl possession. situab in tM CounQ? of ~t . L uC a and Sbte of Florida. described as fdkyws: f
A11 that part of Lot 62 1/2 east of Canal 71 and North of a
-westerly extension of-the North boundary of Outlot 14
- (Also being a westerly extension of the South boundary
of Outlots 15 and 16), according to Sheen's Survey of
white City in Section 4, i'ownship 35 South, Range 40 €ast, ~
as recorded in Plat Book 1, Page 23, of the Ptlbllc Records of
St. Lucie County, Florida, Less the South 570 feet thereof.
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3 fisoehrod • ~ M Paymsrrt Of Texas
Dus On Class "C" Intsrpibls f'rtrsorrl Prvpsrttl -
Pursuant To Chapter 71,134, Acts Of~11
ftOGfcR POtiMB i
Ckttk Circuit Court. St. Luds. Lb•. Fig. ~
N STATE ~F ~LORID~. ~ '1
~ i~~-t °oz v DOCU~V?ENTARY~=;;-,~ STAM P T A X ~
Kathleen T. Ho
a~~ ~~PT- Of i~EYENUE(~.;~:'~`~:-•- ~
PUF.r - .,r-.,' K_~ ~ _ = n~czrret~'_. 3 7. 5 0
~ _..,.,.i F.B. ~ '
Putt St. _.::;;;52 n, o = ~ ~ 1C2 ~
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Together with all stnrctures and improvements now and hereafter on said land. and fixtures attached thereto, and all rolls. 1
issues. proceeds, and profits accruing and to accrue from said premises. all of which aro included within the foregoing description 1
and the habendum thereof; also all gas, steam, electric. water and other heating, cooking. refrigerating. lighting. plumbing, venti- s
lating. irrigating, and power systems, machines, appliances, fixtures. and appurtenances, which. now aro or may hereafter per-
tain to, or be used with, in, or on said premises. even though they be detached or detachable.
TO HAVE AND TO HOLD the same. together with all and singular the tenements, herediatmeMs and appurtenances thereunto i
belonging or in anywise appertaining, and the reversion arrd'reversions, romainder or remainders. rents, issues and profits them- ; .
of. and also all the estate, right, title, interest, homestead, dower and right of dower, separate estate, possession, claim and
demand whatsoever, as well in law as In equity, of the said Mortgagors in and to the same, and every part thereof, with the
~ appurtenances of the said Mortgagors fn and to the same. and every part and parcel thereof unto the said Mortgagee in fee simple.
And the Mortgagors hereby covenant with the Mortgagee. that they aro indefeasibly seized of said land in fee simple; that
,they have full power and lawful right to oorney the same in fee simple as aforesaid; that it shall be lawful for the Mortgagee.
at all times peaceably and quietly to enter upon, hold. occupy and en°oy said land, and every part thereof; that the land is and ~
will remain free from all encumbrances; that said Mortgagors will make such further assurances to prove the tee simple title to i
said land in said Mortgagee as may be reasonably required. and that said Mortgagors do hereby fully warrant the title to said land,
and every part thereof, and will defend the same against the lawful claims of all persons whomsoever. <
PROVIDED, ALWAYS, that if the Mortgagors shall pay unto the Mortgagee the indebtedness to Mortgagee in the prinapal ~
sum of; 25.000.00 as evidenced by that certain promissory note of even date herewith, executed by Albert E, t
Lounds . Jr and Betty F, Lf3unds . his wi fe and payable to the order of Mortgagee, with interest and
upon the terms as provided therein, the final maturity date of which note and of this mortgage being Jan nary ~ ,
)mp~QQS, which note provides that all instalments of principal and interest are payable at the office of payee,
Pert St . Lucie ,Florida, or at such other place as the holder may designate in writing, and that each maker and r
endorser agrees to pay all costs of collection, including a reasonable attorney's fee, upon deiauR in the payment of said rate,
and that it default be made in the payment of any instalment thereunder and that if such default is not made good in accordance
with the temp of said note, that the entire ~ S
FL 707•E ~il~A
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